Singtel - 13 Down Days

28 May 21 - Down Setup spotted and continues to go down for another 13 days.

07 Jun 21 - Signal of Strength but next 3 bars continue to be weak making it invalid.

10 Jun 21 - No Demand

14 Jun 21 - Up Setup

16 Jun 21 - Down Setup 

Bears looking strong to challenge the support of 2.31

Watch the next 3 bars and see if the Bulls can hold and push upwards. 

For now, the mini downtrend line seem to be intact.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.